News

Ibach/Zurich/Spreitenbach - The knife manufacturer Victorinox from the canton of Schwyz is Switzerland’s most famous company. This was a finding from a representative survey conducted by the market research company GfK. Migros and Zweifel are placed second and third, respectively. The ranking of non-profit organizations is topped by Swiss Air Rescue.

The investment promotion agency Greater Zurich Area Ltd (GZA), together with its partners from the economic development offices, attracted 125 companies from abroad to the nine cantons of Greater Zurich Area in 2021 – 40 percent more than in the previous year. With this, the pre-crisis level was reached after the Corona-related decline in investment projects in 2020.

Zurich - Yokoy has increased its capital base by 80 million US dollars following a successful financing round. It was led by the Californian venture capital firm Sequoia. With this fresh capital, Yokoy plans to further expand business related to its platform for the management of corporate expenses.

Andermatt/Broomfield - The year-round Swiss ski destination of Andermatt-Sedrun, which is located in the Greater Zurich Area, is set to benefit from a significant growth boost: Vail Resorts has acquired a 55 percent stake in Andermatt-Sedrun Sport AG. The world’s leading operator of ski areas, based in the US State of Colorado, is investing a sum of approximately 149 million Swiss francs in the ski region.

Zurich - Microbiology researchers from the Swiss Federal Institute of Technology in Zurich have succeeded in implanting cell components of living cells in other cells. This could be used to rejuvenate stem cells, for example. However, above all, this technique opens the door to new opportunities in the area of basic research.

Zurich - The first phase of the Forum UZH project has now been completed. In addition, the Government Council has approved the loan application submitted by the University of Zurich for the construction of its new research and education center. This flagship UZH project is scheduled to open in 2029.

As partners of the ETH AI Center in Zurich, companies enjoy immediate proximity to the talent pool and the beating heart of research concerning artificial intelligence (AI). This has already drawn in players such as Zalando, Ernst & Young, and Viseca to become a part of this dynamic ecosystem.

Rüschlikon/Basel - At the IBM research lab in the Greater Zurich Area, a breakthrough has been achieved in the area of the quantum computers of tomorrow. IBM researchers have tested silicon-based qubits in conjunction with colleagues from Basel. These could hold the key to solving scalability problems.

Zurich - Schweizerische Textilfachschule and Jelmoli intend to present a joint fashion collection via the digital world. Instead of using real models, virtual avatars will take to the catwalk. The garments will be digitalized in 3D and created as NFTs.